Business DescriptionThis bakery is situated in an affluent suburb in the Inner North East area of Brisbane, located approximately 7 kilometres north-east of Brisbane's Central Business District.
The area is best known for its beautiful old homes, the picturesque Poinciana tree lined roads, and for the racecourses which hold popular annual racing carnivals.
EXCELLENT LOCATION! The business is situated within a well frequented shopping precinct, with a very captive traffic flow. The complex has a good mix of tenants.
Current business was established in late 1980's
Lease expires March 2021 + 5-year option
Permitted use is Bakery incorporating the manufacture and retail sale of bread and other bakery and retail products including the sale of coffees, fruit juices and soft drinks
Rent (excluding GST) is $7,529 per month, including outgoings
Business size is a manageable 78m2 + alfresco
Well appointed fitout
Vendor's work in the business are part time
Staffing includes - PT owners + 1 Part time assistant + 2 casuals
Mon to Fri 6.00am - 5.30pm
Saturday 6.00am - 4.00pm
Sunday 7.00am - 3.00pm
Approximate Turnover in $10,500 per week with Minimal wholesale!
NO FRANCHISE FEES TO WORRY ABOUT!!!
Approx. Product Mix: 20% bread, 25% sandwiches, 15% cakes, 15% drinks
Cost of goods approx. 30%
SAV approx. $5,000
Introduction of catering, as it is very suited to the area
Introduction of wholesale offering
Ideally suited to an owner /operators who could potentially realize $240,000 profit EBITDA (prior to employing staff, based on unique individual circumstances)
Motivated seller due to family health matter
For more information, please contact:
0438 189 657